A Ghanaian conglomerate, Jospong Group of Companies, has signed Memorandum of Understanding (MoU) with a Nigerian company, EGTA Investment Limited to boost food production.
The MoU was signed under the supervision of Alhaji Bello Goronyo, Minister of State for Water Resources and Sanitation and Mr Eddison Agbenyegah, Ghana Deputy High Commissioner to Nigeria. It was signed by the two entities at the Ghana High Commission in Abuja, and centered on boosting rice farming, wheat, soya beans, yellow corn, and sunflower production, among others.
Mr George Blavo, Lead Coordinator, Rice Project, Jospong Group of Companies, Ghana, said the agreement is in line with Ghana’s agricultural agenda. Blavo, who signed the MoU on behalf of Jospong, said the agreement is basically aimed at lifting people of Ghana from poverty through agricultural development.
According to the Lead Coordinator, it would add value to the agricultural food chain, food security, reducing food imports, with the private sector as a pivotal force.
“We are hopeful this MOU will further strengthen the Nigeria-Ghana bilateral relationship; which must ensure that partnership between Ghana and Nigeria is given priority.
“In Ghana, we cherish the long standing relationship between our two countries and it is our hope that this partnership will grow from strength-to-strength, for our mutual benefits.”
Mr George Blavo
Blavo extolled Ghana-Nigeria relationship that focussed on economic, trade and investment, technology, security and agriculture. According to him, the ceremony attested to the long standing relationship that existed between both countries.
Agbenyegah, on his part, said that Ghana seeks to learn best practices from Nigeria, which has since become a “Rice Super Power”, adding that Nigeria has become one of the leading producers of rice in Africa.
“We are all aware that Nigeria is the biggest producer of rice and the contribution of ECTA to this achievement is well known to all of us. We are going to ride on the policies and business policies the Federal Government of Nigeria will role out, to make this kind of cooperation easy and even, more fruitful.
“We are happy to be partners in this private sector initiative in deepening rice production in Ghana. Ghana is hosting the African Continental Free Trade Area (AfCTA) Secretariat, therefore we want to deepen cooperation to propel regional growth.”
Agbenyegah
A Remarkable Progress In Rice Production Over The Previous Decade
Also present was Mr Aminu Goronyo, President of Rice Farmers Association of Nigeria (RIFAN). He iterated that Nigeria has made a remarkable progress in rice production over the previous decade after banning the importation of rice. He added that such feat surpassed Egypt’s, with a yearly production of 5.8 metric tonnes of rice.
Mr Bashir Ibrahim, Group Managing Director of EGTA, while speaking at the programme, indicated that the agreement between the two companies is important in promoting investments in agriculture. He noted that there is the need for adequate investments to advance agricultural growth in Africa through cooperation, financial, social and political relationships between African nations.
“It is on that basis that the ECTA delegation went to Ghana to negotiate this historic MoU; this led ECTA delegation to Ghana and Jospong delegation to Nigeria. To negotiate and come to agreement on this MoU built on the long standing friendly relations that has existed since independence between Ghana and Nigeria.
“In fact, if there are any two countries that do close to the extent that event in one country leads to same event in another, it is Nigeria and Ghana. So, the signing of this MoU is in line with that tradition. The future of Africa depends on this concept of cooperation, financial investment, technical, social, economic, political cooperation between African nations.”
Mr Bashir Ibrahim
Ibrahim described the cooperation between both companies as an extension of the historic relationship between Ghana and Nigeria, saying that the MoU would cover production of agricultural commodities. He stated that it would provide technical, financial and investment cooperation, as well as training and capacity building for Ghana’s agriculture ecosystem.
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